We offer a fractional CFO service to businesses in London, but what does that mean?
Fractional CFO, part-time finance director, interim FD – they’re all pretty much the same thing.
An experienced finance professional comes into a business on a part-time basis and gets the finance function working as it should do.
As things get fixed, the fractional CFO should gradually do less and less as an in-house team is built up to carry the business forwards.
Why use a Fractional CFO service?
Most businesses don’t have a need for a full-time FD. They’re simply not big enough.
But most businesses would benefit from having someone who knows how to run the finance function, make sure it’s fit for purpose and remains that way as the business grows.
A fractional CFO will look at:
- cashflow
- financial information
- margins and profitability
- IT and workflows
- integrating your finance function with the rest of the business
- recruitment and training of an in-house finance team
- relationships with third parties such as HMRC, banks, investors
Because the role is part-time, the business is not lumbered with the massive cost of a full-time role.
Also, because the fractional CFO knows what they’re doing, the risk of bringing in the wrong person is much reduced – which is helpful because business owners and MDs are not always familiar with the task of hiring finance people.
Why Blue Dot Consulting?
We’re Chartered Accountants and we’ve never hired anyone who has only worked in the accountancy profession.
All of us have worked in real, live businesses so we know what they need from their finance team. Day to day, week to week and month to month.
We know how to get a finance function running like a well-oiled machine and keep it running as the business evolves.
And we know how to provide a fractional CFO service to companies in London.
We are delighted to provide our enthusiastic recommendation for Blue Dot Consulting.
Their invaluable guidance was instrumental during a pivotal phase of change and evolution for our accounts department.
Senior finance manager
Sounds like what you’re looking for?
If so, give Michael Austin a call on 020 7125 0270 or email info@bluedotconsulting.co.uk and let’s arrange for a call or meeting to discuss your business and what you want to achieve by bringing in a fractional CFO.
Michael – @bluedotmichael
Related links:
Overhaul and rebuild your finance function
Plug the gaps in your finance team
Chartered Accountants – Bedford House, Fulham Green, London, SW6 3JW
